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as congress fails to agree on taxes and government spending measures that have a direct impact on every single american. this new year's day started right after the ball dropped with a lot of hopeful language. the senate voted after 2:00 a.m. on a bipartisan deal that the president praised. but now an impasse. we'll begin our coverage tonight on capitol hill with more from nbc's kelly o'donnell. >> reporter: good evening. congress is in overnight. after missing the midnight deadline, they are trying to work something else out. their own terms here in congress running out on thursday. even though the white house and senate made a deal, it is tough to get it through the house. at a bleary-eyed 2:00 in the morning, senators actually did what many constituents loudly demand -- both parties compromised to pass a fiscal cliff package. >> the ayes are 89, the nays are 8. >> reporter: then came daylight. and gop lawmakers hit a complaint from their own house republicans who expected to see some spending cuts. >> there's no spending cuts. we're adding $4 billion a day to the debt. >> i thought w
as congress fails to agree on taxes and government spending measures that have a direct impact on every single american. this new year's day started right after the ball dropped with a lot of hopeful language. the senate voted after 2:00 a.m. on a bipartisan deal that the president praised. but now an impasse. we'll begin our coverage tonight on capitol hill with more from nbc's kelly o'donnell. >> reporter: good evening. congress is in overnight. after missing the midnight deadline, they...
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Jan 1, 2013
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beau, a government contractor, and deanna, an office worker, make a combined income of about $60,000. without a deal, their income taxes will rise by roughly $2,400 a year. on top of that, like everyone else earning $110,000 or less, they'll pay higher payroll taxes to pay for social security. with or without a deal, those are set to go up across the board by 2%. and for the martins, that means they'll pay an additional $1,200 a year. income and payroll tax increases combined, the martins are looking at an additional $3,600 in 2013. and it doesn't stop there. without a deal, feeding their 2-month-old baby daughter, grace, could cost the martins a lot more, too. every american faces the potential for a huge jump in milk prices. the farm bill has stalled, and subsidies have been rolled back. without a deal securing that help for farmers, the price of a gallon of milk could shoot up to almost $7 a gallon. families paying the price at the grocery store. >> very alarming numbers here. bianna is here. what do you suppose is going to happen tomorrow? what are your people telling you? >> repo
beau, a government contractor, and deanna, an office worker, make a combined income of about $60,000. without a deal, their income taxes will rise by roughly $2,400 a year. on top of that, like everyone else earning $110,000 or less, they'll pay higher payroll taxes to pay for social security. with or without a deal, those are set to go up across the board by 2%. and for the martins, that means they'll pay an additional $1,200 a year. income and payroll tax increases combined, the martins are...
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government government involved. the feds are no good at picking what technologies regular americans are going to glom on to. did the department of energy create amazon.com so people would save gas driving to the mall? no, they did not. did the post office invent skype so people could get in touch more inexpensively? no, they did not. breakthrough products invented by private companies. let's stick to cars since that's where we started. model t, 104 years ago the nation's first touring vehicle was first produced on assembly line. henry ford said his car s for the great multitude and how 16.5 milli model-ts were eventually sold. 16 1. how about th biggest selling american made vehicle ever, ford f-sies, trucks. amazing 35 million of those were sold since the trucks were introduced way back in 1948 and it is ranked as the number one selling vehicle in the u.s. for 24 years. and now, you can trick them out just like a sedan with tv screens, high-tech sound systems, even back seats. but none of this, none of this require
government government involved. the feds are no good at picking what technologies regular americans are going to glom on to. did the department of energy create amazon.com so people would save gas driving to the mall? no, they did not. did the post office invent skype so people could get in touch more inexpensively? no, they did not. breakthrough products invented by private companies. let's stick to cars since that's where we started. model t, 104 years ago the nation's first touring vehicle...
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Jan 1, 2013
01/13
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in virginia local governments can now only seize property for the public use by claiming imminent domains. and insurance agents have to inform people if their policy excludes coverage for earthquake damage. >>> and don't forget that the new year means new rates on the dulles toll road. they went up by a quarter today at the main toll plaza bringing the rate to $1.75 for a standard two-wheel vehicle. tolls are also up a quarter to the on and off ramps bringing them $1 a piece. >>> tomorrow means a return for the normal daily routine to mean a lot more cars on the road. be sure to join all of us for the traffic and weather you need before you head out the door starting at 4:25 a.m. >> i know my kids are not ready for this reality check. but erica is in the weather center with an early look at our forecast for tomorrow. >>> well you're going to have to bundle up those kids as they are waiting for the bus because we're going to see breezy conditions moving back in along with a return of the sunshine. our temperatures today, they're not too bad though. we have had highs in the 40s throughout t
in virginia local governments can now only seize property for the public use by claiming imminent domains. and insurance agents have to inform people if their policy excludes coverage for earthquake damage. >>> and don't forget that the new year means new rates on the dulles toll road. they went up by a quarter today at the main toll plaza bringing the rate to $1.75 for a standard two-wheel vehicle. tolls are also up a quarter to the on and off ramps bringing them $1 a piece....
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i do believe in limited government. i believe government has certain priorities and elected officials need to decide what those priorities are. you have to determine what the core responsibility of government is. i was a state senator for eight years as you mentioned. as a state senator i always based my decisions on the priorities that i believe were a responsibility of state government. those were public education, public safety, public infrastructure and taking care of those who truly can't care for themselves. we have to do that on a federal level as well. because government can't be everything to everyone. you have to make those tough choices or we're going to continue to see our debt grow by more than $16 trillion, where we are now. that's not sustainable. that can't continue. and every american knows that. >> woodruff: deb fischer about to be, to become a united states senator from the state of nebraska. you're coming at a very interesting time. welcome. >> thank you so much. woodruff: thank you. >> suarez: find
i do believe in limited government. i believe government has certain priorities and elected officials need to decide what those priorities are. you have to determine what the core responsibility of government is. i was a state senator for eight years as you mentioned. as a state senator i always based my decisions on the priorities that i believe were a responsibility of state government. those were public education, public safety, public infrastructure and taking care of those who truly can't...
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Jan 1, 2013
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government, for states, cities. you name it. a lot of unanswered questions here right now. >> bret: cheryl casone in new york. cheryl, thank you. we will be watching the markets, especially the asian markets when they open in just 30 minutes. thank you. the question is now what happens with the u.s. house of representatives? how does speaker boehner move forward as the meeting is breaking up? we have inside scoop from behind those closed doors. and perhaps a strategy, path way forward. we have a live interview with the vice chairman of the budget committee. he will join us on the other side of this break. [ male announcer ] this is sheldo whose long day setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. >> bret: this is a fox news alert. looking live at the house floor gaveled back in session. take vote that don't deal with the fiscal cliff legislation and counting heads semil
government, for states, cities. you name it. a lot of unanswered questions here right now. >> bret: cheryl casone in new york. cheryl, thank you. we will be watching the markets, especially the asian markets when they open in just 30 minutes. thank you. the question is now what happens with the u.s. house of representatives? how does speaker boehner move forward as the meeting is breaking up? we have inside scoop from behind those closed doors. and perhaps a strategy, path way forward. we...
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the venezuelan government canceled the concert due to his health. she in a cuban hospital suffering complications from as are pir torin effects that developed over the weekend. last month, he underwent his fourth operation for cancer. he is scheduled to start his sixth term as president next week. >>> 2012 is in the books as one of the safest years ever for air travel. live look now at reagan national airport which is in the tail end of the busy season bp 3 billion people flew in commercial planes in 2012. all over the world there was one crash for every 5.4 million flights. that's the fewest ever on record. and the u.s. did even better. we haven't had a fatal commercial plight in four years. aviation officials credit better trained pilots and technology. >> what's significant about that is that we are improving by 50% over last year which was -- aviation's safest year previo previously. it is an incredible feat. >> airline industry analysts say air travel could get more crowded this year. airlines are expected to add more fees and cut back on fligh
the venezuelan government canceled the concert due to his health. she in a cuban hospital suffering complications from as are pir torin effects that developed over the weekend. last month, he underwent his fourth operation for cancer. he is scheduled to start his sixth term as president next week. >>> 2012 is in the books as one of the safest years ever for air travel. live look now at reagan national airport which is in the tail end of the busy season bp 3 billion people flew in...
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Jan 1, 2013
01/13
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a system of governance we can dream and imagine and build together. one that recognizes at least 6000 years of brutally enforced complicity in the assassination of mother earth, but foresees 6000 years ahead of us when we will not submit. what will we need? a hundred years. at least to plan. 500 will be handed us gladly when the planet is scared enough, in which circles of women meet, organize ourselves and, allied with men brave enough to stand with women, men brave enough to stand with women, nurture our planet to a degree of health. and without apology -- impossible to make a bigger mess than has been made already -- devote ourselves, heedless of opposition, to tirelessly serving and resuscitating our mother ship and with gratitude for her care of us worship fully commit to rehabilitating. >> could to prize-winning author alice walker. we spoke on the 30th anniversary of the publication of her but "the color purple." that does it for our year in a special. democracy now! is looking for feedback from people who appreciate the closed captioning. e-ma
a system of governance we can dream and imagine and build together. one that recognizes at least 6000 years of brutally enforced complicity in the assassination of mother earth, but foresees 6000 years ahead of us when we will not submit. what will we need? a hundred years. at least to plan. 500 will be handed us gladly when the planet is scared enough, in which circles of women meet, organize ourselves and, allied with men brave enough to stand with women, men brave enough to stand with women,...
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china has completed the change of government and in the u.s. strong incentives for investments in frane structure. those are both reasons to look forward to the new year. to not mention the fact that the euro crisis has calmed to the point that investment is possible again in troubled countries. >> in a global economy the face of companies like schuler is tied to markets throughout the world. for now the mechanical engineers say that they can count on strong demands, especially from china. >> if i don't think we have reason to be pessimistic. businesses always connected to psychology. i think that lots of german companies are in a very good position and the demand for many products, in the machine and equipment area, is extremely high and it will remain so. >> german engineering firms head into the new year with confidence a sign the job market will remain stable in the months ahead. >> if you are looking ahead with optimism to the new year you are not alone. pope benedict predicts peace will prevail in 2013. >> the pontiff made his upbeat fore
china has completed the change of government and in the u.s. strong incentives for investments in frane structure. those are both reasons to look forward to the new year. to not mention the fact that the euro crisis has calmed to the point that investment is possible again in troubled countries. >> in a global economy the face of companies like schuler is tied to markets throughout the world. for now the mechanical engineers say that they can count on strong demands, especially from...
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listening well the truth is the government's counter ford to listen because what we're seeing within the european union even if the euro has survived miraculously for twelve months government has run out of money the european union's western socialist model of spending huge amounts of money borrowing even greater amounts of money and hoping to pay everything manion our or indeed thirty years from mine yana simply does not work. and two thousand and twelve saw something of a rise of the machines as drone warfare shot into the headlines american unmanned aircraft killing civilians abroad and the approval of drone use for keeping tabs on people inside the u.s. those were the topics that drew fire from abby martin the host of r.t. is breaking the set and she thinks things will get worse in two thousand and thirteen. really when we're talking about drones actually a really serious topic because people are under this notion that drones are somehow precise they're the good way to fight the war on terror but really they completely are counterintuitive they create in the harbor more terrorist
listening well the truth is the government's counter ford to listen because what we're seeing within the european union even if the euro has survived miraculously for twelve months government has run out of money the european union's western socialist model of spending huge amounts of money borrowing even greater amounts of money and hoping to pay everything manion our or indeed thirty years from mine yana simply does not work. and two thousand and twelve saw something of a rise of the machines...
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Jan 1, 2013
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there's supposed to be three equal branches of government but we're more equal. we're going to use our advise and consent power under the constitution to effectively undermine and attack the judiciary and the executive branch. that is not what the framers had in mind. show me a "federalist paper" and the discussions over how the constitution was put together where any of our framers argued that advise and consent is designed so that congress can basically damage the executive branch, judicial branch by refusing to consider nominatio nominations. so that's one big change. well, let's take a look at motions to proceed. motions to proceed, we see back here in 1932, there was filibustered. and then we see in the early 1960's a few. and then we see from about 1970, took off. realize that it was not thought that it was appropriate to filibuster just any debatable motion. the idea was it was an issue of deep principle, that you had to make a final stand on to block a bill from passing, that would be final passage. but now, suddenly, oh, hey, we can paralyze the process
there's supposed to be three equal branches of government but we're more equal. we're going to use our advise and consent power under the constitution to effectively undermine and attack the judiciary and the executive branch. that is not what the framers had in mind. show me a "federalist paper" and the discussions over how the constitution was put together where any of our framers argued that advise and consent is designed so that congress can basically damage the executive branch,...
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you added a new arm to government. that is a big deal for a lot of people. >> eric: surprising mike didn't make that his sub favorite story of the year. >> juan: she is right. in terms of the american history, the social safety net and this was the missing element. republican and democratic presidents tried to do it and failed to. it's an incredible accomplishment for any president. >> eric: are your siz that we find new taxes in the law? medical device tax. investment tax. >> juan: look, everybody agrees there are blank pages. we don't know what is to come. >> andrea: doesn't that scare you? >> juan: what scares me, rather than get on board there are peep delight in congress shooting spitballs. >> greg: legitimate criticism is not a spitball. nancy pelosi didn't bother to read it. that is not a spitball if you flow a large portion of the economy going to government that do nothing right. that is not a spitballle just why do republican governors say we're not going to do this. let the fed do this. they said we don't li
you added a new arm to government. that is a big deal for a lot of people. >> eric: surprising mike didn't make that his sub favorite story of the year. >> juan: she is right. in terms of the american history, the social safety net and this was the missing element. republican and democratic presidents tried to do it and failed to. it's an incredible accomplishment for any president. >> eric: are your siz that we find new taxes in the law? medical device tax. investment tax....
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Jan 1, 2013
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he ignored a lot of what his father actually thought about politics and governing. things like letting people see your tax returns, 12 years of them which his father did. so mitt romney after having lived his life to do this to run his campaign is now at home tonight with his tax returns. he is the biggest -- he's the biggest loser in america. >> but he won that battle. >> biggest loser. anybody who was taking their cues from the romney campaign polls in the last couple of weeks and was out there talking about 300 electoral votes. that was really fun. >> it was a close tie. i thought about paul ryan. being associated with the biggest loser is almost as bad as being the biggest loser. >> losing on the vice presidential slot, there's nowhere to go. >> it was a tie between him and rupert murdoch. this year his entire news empire was exposed for the fraud it is. they were literally humiliated. their narrative of the campaign proved to be completely false. now their credibility is in tatters. and you had the phone hacking scandal. he's just a mess right now. so i'm givin
he ignored a lot of what his father actually thought about politics and governing. things like letting people see your tax returns, 12 years of them which his father did. so mitt romney after having lived his life to do this to run his campaign is now at home tonight with his tax returns. he is the biggest -- he's the biggest loser in america. >> but he won that battle. >> biggest loser. anybody who was taking their cues from the romney campaign polls in the last couple of weeks and...
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do you want a larger government, or do you want a smaller government? do you want federalism, or do you want a republic. my ambition is to have a republic to give all that much power as possible to the state governments. let's get rid of this big federal oversight, this incredible deficit that has arisen as the federal government's has tried to assume almost a maoist implementation of their desires across the broad population. let the localities decide for themselves. it may be rather obvious. you cannot entertain everybody's desire to grab money from the federal purse, because that federal purse is the public purse, and that public purse reside across all elements of society, not just a national enterprise. >> that was miking california. the c-span capital producer also tweets regular updates. here is one she just sent out. that is what we just witnessed, those three votes, and they went right back into recess. what she meant was they wanted to see who was in the house, who was voting, so they could do some serious vote counting. boskin stewart, florid
do you want a larger government, or do you want a smaller government? do you want federalism, or do you want a republic. my ambition is to have a republic to give all that much power as possible to the state governments. let's get rid of this big federal oversight, this incredible deficit that has arisen as the federal government's has tried to assume almost a maoist implementation of their desires across the broad population. let the localities decide for themselves. it may be rather obvious....
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the directer of exterm government affairs with economic policy institute thinks the report proves me wrong. never. fortunately, he was brave enough to come on and disagree with med >> clearly, we released findings several weeks ago, niceto see it confirmed by the congressional budget office. it's not to say when you increase taxes there's economic consuences. of course, there are.e it will cost jobs. melissa: done, deba over. >> it cost jobs less than doingm other things.ss melissa: like what?a:>> >> if you read further in the report, it talks about the expiring payroll tax cut as well as provisions on unemployment insurance will actually cost up to five times as many jobs as t tax cuts for the rich. there's betterays to usellar public dollars than tax cuts for the rich.'re that's all we're saying. melissa: i don't know why you want to raise taxes on anyoneyoe when the economy is basically stalled.ms seems crazy to me. >> well, at some point, eveone s says in washington we have to do someing about the deficit, and here's a good place to start.str if you need to actually bring i, reve
the directer of exterm government affairs with economic policy institute thinks the report proves me wrong. never. fortunately, he was brave enough to come on and disagree with med >> clearly, we released findings several weeks ago, niceto see it confirmed by the congressional budget office. it's not to say when you increase taxes there's economic consuences. of course, there are.e it will cost jobs. melissa: done, deba over. >> it cost jobs less than doingm other things.ss melissa:...
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listening well the truth is the government's counter ford to listen because what we're seeing within the european union even if the euro house survived miraculously for twelve months government has run out of money the european union's western socialist model of spending huge amounts of money borrowing even greater amounts of money and hoping to pay everything manyara or indeed thirty years from manion or simply does not work. freedom of speech but not for the whistle blower after the break. up of. the. twelfth. mission. critical patients three. three. three. three. three. three both. wealthy british. market. happening to the global economy with. the no holds. headlines. cool. for the world's top whistleblower julian assange spied hoffa twenty twelve under house arrest of the remainder of the ecuadorian embassy in london a correspondent sara first been following his ups and. a lot of you say quickly more in a year would see the media organizations have done decades we've really had a front seat view of everything that's been going on we've had him at the beginning of the year fightin
listening well the truth is the government's counter ford to listen because what we're seeing within the european union even if the euro house survived miraculously for twelve months government has run out of money the european union's western socialist model of spending huge amounts of money borrowing even greater amounts of money and hoping to pay everything manyara or indeed thirty years from manion or simply does not work. freedom of speech but not for the whistle blower after the break. up...
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the treasury just stopped issuing new debt for two government retirement funds to keep the government from reaching its $16.4 trillion borrowing limit. the measure could buy the government two months' time to decide whether to raise the debt limit. the latest move will not impact current retirees. >>> doctors treating secretary of state hillary clinton say they expect her her to make a full recovery. clinton is being treated for a blood clot in her head. it was discovered sunday and she was immediately admitted to a hospital. last month, clinton fainted at her home, hit her head, and suffered a concussion. she was undergoing a followup exam when doctors discovered the clot and say they are not sure what caused it. she is being treated with blood thinners and say she's expected to make a full recovery. >>> it was a cold start to our new year. some parts of our area you have been seeing raindrops. look veronica johnson is here to tell us if it will continue. >> hey there. guys, first of all, happy 2013 to you. not a bad way at all to start off a new year. no big storm around the area. j
the treasury just stopped issuing new debt for two government retirement funds to keep the government from reaching its $16.4 trillion borrowing limit. the measure could buy the government two months' time to decide whether to raise the debt limit. the latest move will not impact current retirees. >>> doctors treating secretary of state hillary clinton say they expect her her to make a full recovery. clinton is being treated for a blood clot in her head. it was discovered sunday and...
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we can fight him on the government funding bill. there's a lot of fights to be had and there's a lot more we can get. frankly, they think they're better goshg yaters. they don't get where there's this holdup. the folks on the other side say this is a bad bill. there's not enough spending cuts. it's not what we like to see. it's a concussion to the president because it extends unemployment, it extends the middle class tax cuts part of the stimulus. those folks want their voices heard. the way john boehner leads is he says the house is the will of the american people. with cantor coming out against this, you heard from mr. latourette, it would be very hard for john boehner to move ahead of eric cantor and try to put this bill on the floor without it being amended. >> luke, stand by. mike viqueira is also with us this hour to bring us up to date. one of the points brought up by luke russert when he was speaking with representative latourette was the number that could support the bill as it stands right now, that number that representat
we can fight him on the government funding bill. there's a lot of fights to be had and there's a lot more we can get. frankly, they think they're better goshg yaters. they don't get where there's this holdup. the folks on the other side say this is a bad bill. there's not enough spending cuts. it's not what we like to see. it's a concussion to the president because it extends unemployment, it extends the middle class tax cuts part of the stimulus. those folks want their voices heard. the way...
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we hit our borrowing limit with the federal government here. we can only borrow so much money as thourzed by congress. think about it like your credit card company. if you want to borrow more, you have to ask for more. money can be shifted around for a couple of month. by late february, however, we're going to have to have this fight over the debt ceiling again and many of the budget hawks were already braced for that without this priming the pump. beyond that, what about the payroll tax cut in this was a 2% cut in your payroll tacks last year. almost every american enjoyed this. it took down their social security taxes, put a few extra dollars in their pockets. that expired at the end of last year, at the end of 2012. so many republicans are not necessarily thrilled oifr thatway because they could say that is a tax increase on the middle class. really it's not but certainly it's going to feel that way to a lot of people. what about the begin one? sequestration. remember, that's a long fancy world for a deal that both parties agreed to. they bo
we hit our borrowing limit with the federal government here. we can only borrow so much money as thourzed by congress. think about it like your credit card company. if you want to borrow more, you have to ask for more. money can be shifted around for a couple of month. by late february, however, we're going to have to have this fight over the debt ceiling again and many of the budget hawks were already braced for that without this priming the pump. beyond that, what about the payroll tax cut in...
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the difference between a divided government and dysfunctional government is the willingness to compromise. we saw that in the senate as leader nancy pelosi, that means looking at an agreement and deciding whether unbalanced, helps move the country forward. and we're hopeful that republicans on the house will do as democrats and republicans did on the senate, and wailed equities deciding at the end of the day that everybody gets 100% of what they want. democracy means a willingness to come together for the good of the country. and that is what compromise is all about, especially in an era of divided government. our members are taking a look at the bill and we would ask our republican colleagues to bear in mind the good of the country as they also weigh all the equities. with that, i will turn it over to the squished vice-chairman of our caucus. >> i will very quickly, we all appreciate the vice president coming to the caucus today in a very straightforward, very thorough way explaining the process of the negotiation and why we are where we are at today. i do think the time for discussion a
the difference between a divided government and dysfunctional government is the willingness to compromise. we saw that in the senate as leader nancy pelosi, that means looking at an agreement and deciding whether unbalanced, helps move the country forward. and we're hopeful that republicans on the house will do as democrats and republicans did on the senate, and wailed equities deciding at the end of the day that everybody gets 100% of what they want. democracy means a willingness to come...
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i think the difference between a divided government and dysfunctional government is the willingness to compromise. we saw that in the senate as leader paw -- leader pelosi and hoyer has said is looking at agreement and deciding it helps democrats and republicans and whether it helps move us forward. we are hopeful republicans on the house will do as democrats and republicans did on the senate and weigh all of the equities here, but decide at the end of the day that not everybody gets a hundred percent of what they want. democracy means a willingness to come together for the good of the country. and that's what compromise is all about, especially in an era of divided government. our members are taking a look at the bill, and we just would ask our republican colleagues to bear in mind the good of the country as they also weigh all of the equities here. and with that i turn it over to the distinguished vice chairman of the caucus, mr. crowellly. >> thank you. i will add very briefly, we all appreciate the vice president to come to the caucus in a straight forward, very thorough way explai
i think the difference between a divided government and dysfunctional government is the willingness to compromise. we saw that in the senate as leader paw -- leader pelosi and hoyer has said is looking at agreement and deciding it helps democrats and republicans and whether it helps move us forward. we are hopeful republicans on the house will do as democrats and republicans did on the senate and weigh all of the equities here, but decide at the end of the day that not everybody gets a hundred...
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all governments listening well the truth is the government's accompt afford to lose some of our economic contributors says countries are still heading down the wrong policy he tells his wife. but a tough twelve months for the world's top whistleblower julian assange spent hoffa twenty twelve under house arrest in the remainder of the ecuadorian embassy in london our correspondent has been following his ups and downs throughout the last twelve months. a lot of you say weekly did more in a year would see the most media organizations have done decades we've really had a front seat view of everything that's been going on we hired him at the beginning of the year fighting that extradition to sweden we saw his the pill rejected we then saw that dramatic twist in the trial when he went into the i could do it embassy seeking asylum we've been learning julian assange certainly the british media we see a lot of the cold on him quite viciously especially during the course of this year with movies. events happening surrounding chilean assaults a lot of people who would put that down plain and simply
all governments listening well the truth is the government's accompt afford to lose some of our economic contributors says countries are still heading down the wrong policy he tells his wife. but a tough twelve months for the world's top whistleblower julian assange spent hoffa twenty twelve under house arrest in the remainder of the ecuadorian embassy in london our correspondent has been following his ups and downs throughout the last twelve months. a lot of you say weekly did more in a year...
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got to get real about government spending. now, the top story tonight, this is incredible, the pennsylvania department of public welfare says that a single mother with two children is better off taking a job that pays $29,000 a year than a job that pays $69,000 a year. why? cost of entitlements. joining us now from our new york studio, fox business anchor lou dobbs. so, lou, explain this, please. >> well, bill, first, i think we need to give great credit to the department of public welfare in pennsylvania. they're being honest and straight forward and i wish the federal government, as you do, would listen. think about the benefits received by this woman. $25,000 in a take home salary of $57,000, you add to that all of the expenses that we go through, whether it's child care, whether it is transportation. in the instance, one parent and two children in pennsylvania, food stamps amounts to a subsidy of $6300 a year to that family of three. medicare and child health insurance, $16,500 a year. section 8 subsidized low income rent.
got to get real about government spending. now, the top story tonight, this is incredible, the pennsylvania department of public welfare says that a single mother with two children is better off taking a job that pays $29,000 a year than a job that pays $69,000 a year. why? cost of entitlements. joining us now from our new york studio, fox business anchor lou dobbs. so, lou, explain this, please. >> well, bill, first, i think we need to give great credit to the department of public...
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the whole notion from the right that big government is bad, we have to get rid of big government, that is a popular no notion that gets out of the right wing ghetto. president obama says we need government to come together, invest in innovation, health care, the public accepts that. other times ronald reagan comes along and says government is the problem and people rally behind that. that's a fight. >> it's a pendulum, too. >> on afghanistan, an issue close to my heart, a war going on for more than 11 years, the american public sick of it. 60% say remove all the troops as soon as possible. 35% say stay in there until afghanistan is stabilized. 11 years and 35% of the people say until it's stabilized. it's not going to get done. >> no it's not. it's remarkable that the country is decidedly less pro war than a few years ago. we have had these wars that do nothing for the country. we are illegitimate in one case to have a war in the first place. we don't want to be sending our young people off to a central asian hot spot anymore to spend a decade there, what? building a nation in afghanis
the whole notion from the right that big government is bad, we have to get rid of big government, that is a popular no notion that gets out of the right wing ghetto. president obama says we need government to come together, invest in innovation, health care, the public accepts that. other times ronald reagan comes along and says government is the problem and people rally behind that. that's a fight. >> it's a pendulum, too. >> on afghanistan, an issue close to my heart, a war going...
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i think the difference between a divided government and dysfunctional government is the willingness to compromise. we saw that in the senate, as leader pelosi and our whip mr. hoyer have said. that means looking at an agreement, and deciding whether on balance it helps not democrats or republicans, but whether it helps move the country forward. and we're hopeful that republicans on the house will do as democrats and republicans did on the senate and weigh all the equities here but decide at the end of the day that not everybody gets 100% of what they want, democracy means as i said a willingness to come together for the good of the country. and that's what compromise is all about, especially in an era of divided government. so our members are taking a look at the bill, and, you know, we just would ask our republican colleagues to bear in mind the good of the country as they also weigh all the equities here. and with that, i turn it over to the distinguished vice chairman of our caucus. >> thank you, chris. i will just very briefly we all appreciate the vice president coming to the cauc
i think the difference between a divided government and dysfunctional government is the willingness to compromise. we saw that in the senate, as leader pelosi and our whip mr. hoyer have said. that means looking at an agreement, and deciding whether on balance it helps not democrats or republicans, but whether it helps move the country forward. and we're hopeful that republicans on the house will do as democrats and republicans did on the senate and weigh all the equities here but decide at the...
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all the government's listening well the truth is the government's come to afford to listen to one of our economic contributors of the year says countries still heading down the wrong path . it's been a tough twelve months for the world's top in the sun spent twenty twelve and house arrest in the remainder of the ecuadorian embassy in london a correspondent sort of. throughout the. a lot of you say quickly did more in a year ot than most media organizations have done in decades we've really had a front seat view of everything that's been going on we had him at the beginning of the year fighting that extradition to sweden we saw his the pill rejected we then saw that dramatic twist in the tell when he went into the i could do it embassy seeking asylum we've been learning julian assange certainly the british media we've seen a lot of the cold on him quite viciously especially during the course of this year with movie. events happening surrounding julian assange a lot of people who would put that down payment simply to jealousy well she was a success for barack obama who secured his seco
all the government's listening well the truth is the government's come to afford to listen to one of our economic contributors of the year says countries still heading down the wrong path . it's been a tough twelve months for the world's top in the sun spent twenty twelve and house arrest in the remainder of the ecuadorian embassy in london a correspondent sort of. throughout the. a lot of you say quickly did more in a year ot than most media organizations have done in decades we've really had...
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reagan increase the government, bush increase the government, clinton increased the government, obama increased the government. we have more -- host: what you think will happen in the house? caller: they need to not go on holiday. they need to take the measure. and when can at the american public participate in this process? we cannot. they give us one day to read the bill. there is no way that our people can participate in the process. we want to talk about increases in revenue. i understand that, but you have to have some kind of comeback and i do not been there needs to be some increase in spending. our defense spending is outrageous. our foreign aid to countries is outrageous. we prop up dictators. we are allies with al qaeda what we want to beat the soviet union, but then enemies with them when we want to be in afghanistan. it does have to do with entitlements, but also big government is working with big corporations prepare until the republicans want to get over the industrial military complex and democrats want to -- host: if you are interested in following along on this debate
reagan increase the government, bush increase the government, clinton increased the government, obama increased the government. we have more -- host: what you think will happen in the house? caller: they need to not go on holiday. they need to take the measure. and when can at the american public participate in this process? we cannot. they give us one day to read the bill. there is no way that our people can participate in the process. we want to talk about increases in revenue. i understand...
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they benefit from the belief that government will bail out there-holders. shareholders may like high risk bets, particularly high leverage because they get higher returns from those high risks at least until something goes wrong. by contrast, debtholders have traditionally been a force for moderation in the marketplace because they only get a fixed rate of interest whatever the debt obligation promises and when the company starts to take more risk, it is managed. but implicit government backing of the deaths of our largest financial institutions mean that this market discipline has suddenly been undermined. so today i want to talk about my new book, while some firms thrive while others fail, this builds on my work at the financial crisis inquiry commission. we studied internal documents. i can't tell you how many, from financial institutions and their regulators, interviewed ceos risk officers, bankers, traders, regulators, publishingmakers and other people to try to understand from everybody's perspective putting it altogether what went on here and in 2010
they benefit from the belief that government will bail out there-holders. shareholders may like high risk bets, particularly high leverage because they get higher returns from those high risks at least until something goes wrong. by contrast, debtholders have traditionally been a force for moderation in the marketplace because they only get a fixed rate of interest whatever the debt obligation promises and when the company starts to take more risk, it is managed. but implicit government backing...
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york or london where many of our viewers are there is a cow industry and very likely regulations that govern it in new york the medallion system has become a speculative investment with corporate tax the medallions increasing as thousand per cent from their average price of fifty thousand dollars in one thousand nine hundred forty. in stockholm reportedly their system is a little freer market work taxis are allowed to charge whatever price they like and in d.c. where after countless nights waiting in long lines after arriving to the train station with a dearth of cabs and some who couldn't even drive to my address because of the limits of their permits and rules governing them i hopped into a couple cabs to explore our own cities silly regulations and one market antidote we possibly found them. taxi. taxi in washington d.c. like many other cities you can't always get a cab when and where you need one but when you do catch a taxi and meet its driver and my name is not. always right you know it's almost for you. like nasser he or she can offer up a reason when and why cabs become scarce of the
york or london where many of our viewers are there is a cow industry and very likely regulations that govern it in new york the medallion system has become a speculative investment with corporate tax the medallions increasing as thousand per cent from their average price of fifty thousand dollars in one thousand nine hundred forty. in stockholm reportedly their system is a little freer market work taxis are allowed to charge whatever price they like and in d.c. where after countless nights...
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government has announced plans to build a new frederick douglas memorial bridge. the projected price tag is $660 million. construction would start in 2015. d.c. mayor vincent gray says in the long run, a new bridge would save taxpayers money over the cost of making repeated repairs to the existing bridge which is 63 years old. the uglas memorial bridge handles about 70,000 commuters every day as they cross the anacostia river. >>> you can't really complain about the weather today. olga has the forecast. she's out on our weather terrace and she tells us that we can expect some nice weather, maybe a little bit of showers this afternoon. right, olga? >> reporter: that's right. i'm still tracking a storm system passing mainly south of us. so far we've been dry. the potential is later on this afternoon until about the 3:00 or 4:00 hour, we could see a sprinkle with the cloud cover, though, our temperatures have been consistent. right now we're at 44 degrees. that's where we've been for about two hours. we're pretty much going to sit right where we are interest the afte
government has announced plans to build a new frederick douglas memorial bridge. the projected price tag is $660 million. construction would start in 2015. d.c. mayor vincent gray says in the long run, a new bridge would save taxpayers money over the cost of making repeated repairs to the existing bridge which is 63 years old. the uglas memorial bridge handles about 70,000 commuters every day as they cross the anacostia river. >>> you can't really complain about the weather today. olga...
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it's because the whole state was an insurrection from the government to to the statehouse itself statehouse itself down to the 11-year-old who were throwing bricks at us in the streets. it was total chaos, a little mayhem and even the mississippi highway patrol had pulled away so there was your insurrection. it lasted two or three days. the violent part of it and then after that i was appointed to be the security officer for james meredith and went to school with him, or he went to school and i stayed outside with a hand-picked patrol, 12 soldiers and we were there throughout the year. we transferred back and forth in the army was in place for almost a year until he graduated in august of 1963. i was 23 years old. i grew up in an all all-white neighborhood in south minneapolis. johnson, swanson, peterson and bergstrom and a few italians but that was pretty much it. it was an eye-opener for me but again, we were trained and i am so proud of what the army did. when you write a book, this was my first, the publisher has to say on what the title should be. i call the mississippi morning is when
it's because the whole state was an insurrection from the government to to the statehouse itself statehouse itself down to the 11-year-old who were throwing bricks at us in the streets. it was total chaos, a little mayhem and even the mississippi highway patrol had pulled away so there was your insurrection. it lasted two or three days. the violent part of it and then after that i was appointed to be the security officer for james meredith and went to school with him, or he went to school and i...
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and yemeni governments are taking them seriously. militants offered $23,000 for the killing of an american soldier in yemen. analysts say militants may be affiliated with al qaeda in the arabian peninsula, the powerful bran inch yemen. >> they've been looking for a way to hit the u.s., whether the u.s. ambassador in yemen which they attacked in september of 2008 or carrying out more attacks here in the united states. >> reporter: this is the same group that came close to detonating a bomb in the underwear of a militant in the 2009 christmas day plot to the bomb an airliner bound for detroit. it attempted to send printer bombs to the u.s. the following year. and tried again this year to bomb a plane bound for the u.s. it's also not the first time al qaeda or an affiliate has offered gold for the killing of a prominent american. >> the example, paul brem, the most important american military official in iraq during the bush administration and bin laden himself offered substantial goal reward for basically for his death. >> reporter: no
and yemeni governments are taking them seriously. militants offered $23,000 for the killing of an american soldier in yemen. analysts say militants may be affiliated with al qaeda in the arabian peninsula, the powerful bran inch yemen. >> they've been looking for a way to hit the u.s., whether the u.s. ambassador in yemen which they attacked in september of 2008 or carrying out more attacks here in the united states. >> reporter: this is the same group that came close to detonating...
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she would have government officials, prime ministers, presidents and earned the reputation as a reporter willing to do anything and go anywhere for the sake of a story. thompson had the guts to ask her american public the questions they did not quote want to think about. mired in the dilution that they were protected from asian and european tumult by two aleutians, americans preferred the roar and affluence of the 1920s. .. has been frozen out along with national celebrity and the total federation of her peers, but it's constance grew and voice echoed across america and europe. just listen to this. in 1936 she was writing a thrice weekly column in the new york herald tribune that reached eight to 10 million readers today, and by 1937 she had received six honorary degrees from major colleges and universities and public radio broadcast on nbc had reached 5 million readers and she was rumored to be running for the u.s. senate. that was true but she was also thinking of running for president. in 1942 through radiobroadcast she would reach ordinary citizens in germany hoping to bring hitler d
she would have government officials, prime ministers, presidents and earned the reputation as a reporter willing to do anything and go anywhere for the sake of a story. thompson had the guts to ask her american public the questions they did not quote want to think about. mired in the dilution that they were protected from asian and european tumult by two aleutians, americans preferred the roar and affluence of the 1920s. .. has been frozen out along with national celebrity and the total...
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the senate has put off dealing with government spending cuts for another two months and they need to address the debt ceiling and long-term budget plans. >> it's the debate we'll have next and it's a debate republicans are ready for. >> reporter: and the next debate is in the house. we'll see if they pass the senate deal when they get back to work in less than two hours. live in washington, kyla campbell, ktvu channel 2 news. >>> it is 7:13. some san francisco workers can expect slightly bigger paychecks starting today. that's because the minimum wage just went up in the city. the minimum wage is now $10.5 in san francisco. the state minimum wage in california is $8 an hour. >>> 7:13. pg&e customers, you'll see changes on your bill this month. starting today, electric bills go up about 2%. but gas rates, they are going down, almost 6%. however, the smaller gas prices, they won't last long. next month, pg&e will raise gas rates about 2% to help pay for pipeline safety upgrading. now, this was mandated by sit regulators after the 2010 pipeline explosion in san bruno. >>> well, a new ca
the senate has put off dealing with government spending cuts for another two months and they need to address the debt ceiling and long-term budget plans. >> it's the debate we'll have next and it's a debate republicans are ready for. >> reporter: and the next debate is in the house. we'll see if they pass the senate deal when they get back to work in less than two hours. live in washington, kyla campbell, ktvu channel 2 news. >>> it is 7:13. some san francisco workers can...
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all the government's listening well the truth is the government can't afford to listen. one of our economic contributors says countries are still heading down the wrong path explains why shortly. in a tough twelve months for the world's top whistleblower joining the sun spent half of twenty twelve under house arrest and they remained in the ecuadorian embassy in london correspondent sara firth has been following his ups and downs through the year a lot of you say we did more in a year old media organizations decades we've really had a front of everything that's been going on we had him at the beginning of the year . and we saw his the pill rejected we then saw that dramatic twist in the trial when he went into the i could do it and. we. certainly the british media we see a lot of the colonel who quite viciously especially during the course of this year with. events happening surrounding. a lot of people would put that down plain and simply to jealousy. now last year was a success for barack obama who secured his second u.s. presidency and washington correspondent says he
all the government's listening well the truth is the government can't afford to listen. one of our economic contributors says countries are still heading down the wrong path explains why shortly. in a tough twelve months for the world's top whistleblower joining the sun spent half of twenty twelve under house arrest and they remained in the ecuadorian embassy in london correspondent sara firth has been following his ups and downs through the year a lot of you say we did more in a year old media...
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people keep buying government bonds despite all our debt and the job market is improving. so i don't really see this continuing warfare in washington derailing that instantly. >> now, this for the moment kicks sequestration, federal spending cuts, down the road at the same time another fight over the debt ceiling looms. could the two issues scuttle any progress made on avoiding the cliff? >> i think the debt ceiling is really the move powerful and problematic. we saw this in august of 2011 when people start to raise questions about is the government actually going to pay its debt, can the government issue bonds, can it fund its operations, that's a pretty serious situation. if it gets to that point, we technically hit this debt ceiling, there are things the treasury secretary can do over the next couple months, avoiding putting payments into pension plans, things like that so we don't go over it. but at some point that has to be resolved and resolved in such a way that, you know, we are able to borrow, that people, bond investors will know they can buy these bonds and that
people keep buying government bonds despite all our debt and the job market is improving. so i don't really see this continuing warfare in washington derailing that instantly. >> now, this for the moment kicks sequestration, federal spending cuts, down the road at the same time another fight over the debt ceiling looms. could the two issues scuttle any progress made on avoiding the cliff? >> i think the debt ceiling is really the move powerful and problematic. we saw this in august...
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that is the weight you hold governments accountable -- that is the way you hold governments accountable. these marginal interventions are not going to create economic growth. we know how to create jobs. we know trade is better than aid. get rid of your policy and get rid of those problems and then we can talk about economic growth. >> taking very much. >> and look at the future of social media. jeff jarvis talks about threats to free speech and is joined by amanda palmer. this broadcast contains certain language that some viewers may find offensive. it is 30 minutes. >> there is wifi at the event. it should log on to the nyu guest account. the password is right there for you. the next session is about social media. we will talk about the use of social media with the rise of facebook and twitter. we have two wonderful guests. we will hear some brushback on some of the wisdom about social media. first we'll hear from jeff jarvis, author of "what would it google do?" jeff, please join us on the stage and give us your prediction. >> predictions are necessarily bullshit. the title of social
that is the weight you hold governments accountable -- that is the way you hold governments accountable. these marginal interventions are not going to create economic growth. we know how to create jobs. we know trade is better than aid. get rid of your policy and get rid of those problems and then we can talk about economic growth. >> taking very much. >> and look at the future of social media. jeff jarvis talks about threats to free speech and is joined by amanda palmer. this...
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run against government. >> jehmu is exactly right. rick: dee dee, last word here. 10 seconds. >> the fat cats are not getting it done. we need to forget rid of them. forget it. it is not a good deal. we need to do what is right for the american people and this ain't it. rick: happy new year. happy and healthy. see you again real soon. heather: amateur video capturing a harrowing moment whether a rescue helicopter crashes into the water off of a crowded beach in brazil. take a look. police say that this chopper was trying to rescue a drowning swimmer when it suffered engine failure. you can see what happened next. look, plunging into the ocean. well the good news the crew managed to escape before the helicopter began to sink. the four crewmembers and the stranded swimmer, by the way all able to swim to shore. they survived with minor injuries the helicopter was later recovered by the local fire department. rick: meantime a new year's eve celebration in the ivory coast in africa turns deadly. at least 61 people were crushed to death, 20
run against government. >> jehmu is exactly right. rick: dee dee, last word here. 10 seconds. >> the fat cats are not getting it done. we need to forget rid of them. forget it. it is not a good deal. we need to do what is right for the american people and this ain't it. rick: happy new year. happy and healthy. see you again real soon. heather: amateur video capturing a harrowing moment whether a rescue helicopter crashes into the water off of a crowded beach in brazil. take a look....
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government in the wake of 9/11. when, for example, president bush appointed of course in advertising executive and then a political spinmeister to run the public diplomacy section at the state department that i think we are too caught up at that point in thinking of public diplomacy as a way to sell brand america essentially and get people to love the united states. i don't think that's really the point of this. because i don't think that while it's nice to be popular, i would certainly hope everybody would love america as much as possible, i don't think that's the key to victory in the struggle. i think the key to victory is really empowering the forces of moderation over the forces of extremism and violence in the muslim world, and their attitude towards the united states are often accompanied by what they stand on the political spectrum with moderates being much more open to alliance and cooperation of the united states than the radicals. but i don't think the united states is necessary the key to the story. it's
government in the wake of 9/11. when, for example, president bush appointed of course in advertising executive and then a political spinmeister to run the public diplomacy section at the state department that i think we are too caught up at that point in thinking of public diplomacy as a way to sell brand america essentially and get people to love the united states. i don't think that's really the point of this. because i don't think that while it's nice to be popular, i would certainly hope...
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and we have a debt limit and the funding of government. all of that is going to come together in february or early march. so it's likely to be a difficult spring here in washington. >> thank you, congressman for joining us live on washington, d.c. >> good luck. >> thank you. happy new year to california. >> happy new year. >>> well, about a million people from all over the world got the times square treatment as new york's huge crystal ball dropped into the new year. a lot of kissing going on, too. one of the panels on the ball had ding clark's -- dick clark's name engraved on it. this was the first new year's celebration since the host died this past year. >> here back at home no fog this year to block out the fireworks. it's beautiful, huh? it was a perfectly clear night. the fireworks along the waterfront that shot from treasure island looks like. a lot of people showed up for about a 15-minute display jammed the streets near the embarcadero they tried to get home when it was all over. some are still here working their way out. but ther
and we have a debt limit and the funding of government. all of that is going to come together in february or early march. so it's likely to be a difficult spring here in washington. >> thank you, congressman for joining us live on washington, d.c. >> good luck. >> thank you. happy new year to california. >> happy new year. >>> well, about a million people from all over the world got the times square treatment as new york's huge crystal ball dropped into the new...
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i.r.a.s and 401(k)s, the government is increasing taxable contributions every year so for i.r.a.s, it was $5,000, now it's $5500 per year and for 401(k)s, it's jumping 3% to $17,500 per year. the advice here you want to do as much as you can. we know the story that people are not planning well enough for retirement so take advantage. it's a tax deduction. >> speaking of planning how about money-saving tips? we could use those. >> my biggest tip for anyone trying to erase debt, save more is to stick with cash. credit cards are very convenient. but cash limits you physically and also psychologically. when you pay with cash at the restaurant or at the department store -- >> it hurts more. >> it hurts and that's a good thing if you're trying to get into that behavior of sticking to a budget and i'm getting out of debt. >> words of wisdom, farnoosh torabi, happy new year. >> you too. >> words of wisdom indeed. >>> so many of us meanwhile, make the resolutions of this new year to get healthy. now in our january jump-start we're kicking off 2013 with tips to make this your best year and dr.
i.r.a.s and 401(k)s, the government is increasing taxable contributions every year so for i.r.a.s, it was $5,000, now it's $5500 per year and for 401(k)s, it's jumping 3% to $17,500 per year. the advice here you want to do as much as you can. we know the story that people are not planning well enough for retirement so take advantage. it's a tax deduction. >> speaking of planning how about money-saving tips? we could use those. >> my biggest tip for anyone trying to erase debt, save...
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maybe it's the government. >> ben chavez is a member of a tribe that doesn't get special government help. and yet. >> the area where you live looks different from indian reservations. these mansions look like english manors. >> i can take you to one neighborhood where my people are from and show you nicer homes than a whole sioux reservation. >> this is not casino money. no special deal for your tribe. >> oh, no. in my tribe, woe -- we don't have casinos. we have 12 banks. >> he says his tribe does well because the federal government does not recognize them as a sovereign tribe. though their congressman wants to change that. >> it's time for discrimination to end and recognition to begin. >> mike knows if he wants to stay in washington, dc he has to support the tribe or he won't be there. >> this is an injustice that must be resolved. >> if the congressman gets his way your tribe will get 8 a million. >> if you want to become dependent on the federal government and sell your soul for 80 million, i understand that and some people are willing to do that. >> indian activityists they ought t
maybe it's the government. >> ben chavez is a member of a tribe that doesn't get special government help. and yet. >> the area where you live looks different from indian reservations. these mansions look like english manors. >> i can take you to one neighborhood where my people are from and show you nicer homes than a whole sioux reservation. >> this is not casino money. no special deal for your tribe. >> oh, no. in my tribe, woe -- we don't have casinos. we have...
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one, we have a divided government. people shouldn't kid themselves when the republicans are controlling the house, democrats control the senate and the white house. this is going to be the new normal, and it has been. we've seen anything that's gotten done over the past two years follow this exact same format. remember back to 2010, exactly two years ago, where we had certain rates that were extended or the bush rates, but the president got a lot of things out of that as well. so, people have to keep in mind, this is not any kind of departure from the norm. think back to the clinton welfare reform bill. >> yes, i agree with that. 2009, the health care overhaul. you had $858 billion tax package in 2010, the payroll taxes in 2011. having said that, jonathan, how much longer can congress continue to function like this? >> well, i think one of the reasons why nobody's really happy with the deal, not like a gut level. everybody recognizes there was some masterful negotiation going on between the vice president and senate mi
one, we have a divided government. people shouldn't kid themselves when the republicans are controlling the house, democrats control the senate and the white house. this is going to be the new normal, and it has been. we've seen anything that's gotten done over the past two years follow this exact same format. remember back to 2010, exactly two years ago, where we had certain rates that were extended or the bush rates, but the president got a lot of things out of that as well. so, people have...